• Breaking News

    Sunday, January 28, 2018

    What’s your example of a non-sexy, but profitable business venture? (e.g. a carwash) Entrepreneur

    What’s your example of a non-sexy, but profitable business venture? (e.g. a carwash) Entrepreneur


    What’s your example of a non-sexy, but profitable business venture? (e.g. a carwash)

    Posted: 28 Jan 2018 08:31 AM PST

    Edit: *surprisingly profitable

    submitted by /u/trw4879
    [link] [comments]

    What other subs you follow for tips/inspiration/etc?

    Posted: 27 Jan 2018 06:37 PM PST

    For people who are serious about becoming entrepreneurs (asking for a friend) what subs must they be following (besides this one obvi)?

    Bonus question: any historical posts/threads that were gold mines of actionable insights, plz link if possible.

    Lets crush 2018!

    submitted by /u/vinodragon
    [link] [comments]

    How do you find time to do everything?

    Posted: 28 Jan 2018 08:17 AM PST

    I started my eCommerce business in a spare bedroom in 2014. By 2016 I could no longer manage alone and my husband started helping me out a few hours a day after his full time work ends (what a man).

    I just hired a a part timer in 2018 who does 9 hours a week because I can't afford more.

    My problem is - I don't have enough profit to support hiring more people, but I also don't have enough time/energy to keep the business moving as quickly as it should be.

    The day to day tasks are already consuming so much of my time and I still need to do everything else. Marketing, branding, leads, new product launches, product design, cleaning the office toilet, debugging the website, you get the idea.

    Can I get some tips from people who have survived this not enough money but also not enough time phase? How can i get more done without spending more money?

    Hopefully it's not impossible..? 😩

    submitted by /u/wenchanted
    [link] [comments]

    Anyone know how to appropriately set up a Chapter 501 c and acquire government funding?

    Posted: 28 Jan 2018 12:59 PM PST

    Currently a friend and I are providing $5.00 1 hour workouts at local rec centers. This isn't a very profitable venture for us but our original focus was to just make a few dollars a month and call it a day. It turns out that we've become a bit popular in our neighborhood and we're receiving solicitation calls from different rec centers about our program.

    The thing is, we don't have a "program" and we're not a business yet.

    It takes us about an investment of about $2,000 - $3500 for every location to host a class of 30. If we're frugal and buy used equipment. Not including, travel, equipment transport, lost income etc. There are about 3 to 4 classes between 17:00 - 21:00. Depending if people show up. Our average class is about 20 people but we fluctuate from 0 - 30 every class. Classes are on weekdays and Saturday.

    There's not much profit if at all. We're doing it because we want to better our community. However we realize that in order to grow we'll have to start focusing on funding.

    We've recently undergone developing a Progressive Web Application for our own use. We're using it to manage our clientele and preempt for our eventual growth, seeing that we might need to manage other certified trainers and pay them a wage. We're just about done and running it on Firebase would allow us 5,000 users for free.

    We can just about to go anywhere at this point. Trying to explore ways of finding easy funding / subsidies / a way to become profitable enough to grow.

    Help?

    submitted by /u/HanoverWilliam
    [link] [comments]

    I'm a young college student who has an idea for a business but has no idea how to get going. Any advice?

    Posted: 28 Jan 2018 08:47 AM PST

    The idea is tiny homes, portable and permanent. I have a little experience in building. I'm lacking in equipment and money to start with the basics. Any advice would be much appreciated.

    Edit: thank you everyone for your input and advice. Definitely keeping everything in mind. You guys are awesome :)

    submitted by /u/jerlybean
    [link] [comments]

    My wife wants to start a daycare

    Posted: 28 Jan 2018 11:46 AM PST

    My wife has been working as a preK teacher for 5+ years at a licensed facility, it's become apparent that her current employers don't want to promote her, and she's become more unhappy with how management has been running things. She has many connections and already as a few parents who'd be interested. I'm wondering if there's anyone here who's done something similar? We live in Minnesota.

    submitted by /u/Minniesnowda
    [link] [comments]

    I've just launched my first marketplace and would appreciate some feedback...

    Posted: 28 Jan 2018 08:46 AM PST

    Good morning fellow entrepreneurs! I left my job to follow a passion of mine and fix a personal problem - finding space to work on my vehicle. Living in a dense urban area, I didn't have space or tools to perform vehicle maintenance and it was very difficult to find a facility that was willing to lend them to me. At the end of 2017, I launched GarageTime, a peer-to-peer marketplace that helps motor enthusiasts find DIY workspace, and pays garage owners to share their space.

    I have a hard time asking for help, so even posting this has been difficult for me, but growing the DIY community feels like my mission. I come here, hat in hand, asking for some feedback on my site. My to-do list grows by the day, but getting people aware of the product and listed is my primary goal.

    I believe GarageTime is what workspace will become. Any thoughts or suggestions you would be willing to share with me would be much appreciated. Thank you!

    www.bookgaragetime.com

    submitted by /u/bookgaragetime
    [link] [comments]

    I'm clueless about marketing/business. So, I need some advice.

    Posted: 28 Jan 2018 01:25 AM PST

    Hey everyone!

    I'm 17 y/o self thought software developer, and I'll be graduating high school in a month(Finally!!!). So, I've been thinking about turning my side project into an actual product.

    The product is a messenger bot that will notify people about discounts/offers given by restaurants near them. The way this works is, when people use the bot for the first time they'll be automatically subscribed to it. The restaurants can then use the web app to send discounts/offers to specific target users.Then the users will receive discount/offer notifications.

    Now, the problem is I don't know how to market this. I've posted it on a few subreddits, but didn't get any responses/feedbacks (except one that told me to re-brand it). I also know that marketing takes more than just posting on a few subreddits. If you're going to suggest me to use ads, please don't. I don't have any money(and it takes a lot of money to get a few users). I thought about creating a twitter bot to tweet about the product on twitter 24/7, but doing so without proper research would be a bad idea.

    I'm just focusing on a few major cities that has a great food culture. First on my list is San Francisco. So, I've been trying to get users from there. My goal is to get at least 1000 daily active users/subscribed users from SF in 1 month.

    Is there any advice you'd like to give me regarding marketing/business related stuff? I have a business model,but I'm really hesitant to share it here(hope you understand it, I'd be willing to tell you if you're interested though). Also, I'd be really happy if someone would like to be the cofounder and help with the marketing/business related things with me or just mentor me so that I can face my fears and reach my goals.

    If you're curious about the product here's the link: http://m.me/262727920928693 (I can send you test notifications if you want to see how it works. Just use the bot and send your location,then PM me :-) )

    The landing page and the webapp are still in development. I'll update this post with the links when I'm done.

    submitted by /u/freezer9
    [link] [comments]

    How much should I be paying for this service?

    Posted: 28 Jan 2018 08:14 AM PST

    I need someone to call clients for me. I have a giant list of potential clients with phone number and company name. Employee would just call clients 1 by 1 and try to sell my service.

    I want to pay employees per sale instead of paying hourly. I would get $900 from the sale (it could also turn into recurring monthly depending on the client)

    Expected call length (30 seconds - 15Mins) (3mins average) Every 100-500 calls I expect a sale.

    Only Job Requirements are Fluent in English and must have a PC,

    I am currently planing to pay 300-500 USD per sale. Is this pay too low? Too much? Just about right?

    submitted by /u/AsmirDzopa
    [link] [comments]

    I created an LLC and never did anything with it. How do I legally "close" it?

    Posted: 28 Jan 2018 01:58 PM PST

    I will admit it was almost impulsive and that we(my partner and I) had no clear-cut gameplan put together. Things fell through and the LLC was in my name. Will I be fined or get in any trouble if I haven't properly "closed" it yet after creating it about 7 months ago?

    Is someone able to point me in the right direction to legally close it and make sure there are no fees or anything floating out in space?

    submitted by /u/Eenders
    [link] [comments]

    Movies, Documentary's and TV series to inspire.

    Posted: 28 Jan 2018 10:09 AM PST

    Right now its:

    1) Shark Tank

    2) Becoming Warren Buffet (I watch it every month)

    3) Military documentary's like 'Battleplan' and 'World at War', (tough going though)

    Can you add any?

    submitted by /u/ox-
    [link] [comments]

    Is this an acceptable way to handle small business expenses?

    Posted: 28 Jan 2018 01:36 PM PST

    My spouse owns a business (no employees, she is 100% owner). I've bought things she needs exclusively for business while we are shopping at Costco (paper, envelopes, stamps, pens, printer, etc). To keep things moving along at check out, we often don't to do separate transactions (Costco also doesn't like that). I've been writing up an invoice for the expenses with attached/highlighted copy of receipts, signing them and submitting them to her. She signs off, files it and writes me a check from the business. I've also used this method for travel costs this year(.545 cents/mi + tolls) when I had to drive her to an appointment during bad weather).

    Will the IRS frown upon this? If so, would me being a W-2 employee of her business make this more appropriate ("reimbursed employee expenses"). Last question, maybe better off asking this in r/tax, but would those expenses be entered under box 27a on schedule C as "employee expense reimbursements", or need to be entered into more specific categories?

    Thanks and sorry for the lengthy post, just want to be clear on details.

    submitted by /u/and_then___
    [link] [comments]

    Discord for marketing your business

    Posted: 28 Jan 2018 09:11 AM PST

    Hello,

    I've created a server for Logo requests on Discord. Probably many of you will need logo design or redesign so you might be interested to join: https://discord.gg/mC5nWK6

    Also, it helps that you can talk with a designer not just send messages.

    Does anyone of you use Discord for anything? Maybe business promotion? Any good stories?

    I've found some entrepreneur server as well. In my opinion so far, the app is pretty good to connect with people.

    Thank you.

    **Not sure if I can post something like this here, please let me know.

    submitted by /u/netdom
    [link] [comments]

    Which Amazon Affiliate site looks better and likely gets more conversions?

    Posted: 28 Jan 2018 09:09 AM PST

    I am looking for design inspiration for an amazon affiliate site that focuses around "top 10" list rather than individual product review pages.

    I am not affiliated with either site, but curious which you think looks better:

    sportgearlab vs top9rate vs nicershoes

    submitted by /u/loki777coyg
    [link] [comments]

    Any Commercial Finance Brokers out there?

    Posted: 28 Jan 2018 12:43 PM PST

    I have a good friend who is going to Commercial Capital Training Group, and he is allowed a guest (me!). I was wondering if anyone had any advise or maybe knows about this program? Thanks

    submitted by /u/adbaker37
    [link] [comments]

    I think I like FBA

    Posted: 28 Jan 2018 12:30 PM PST

    I stumbled across FBA (Fulfillment By Amazon) and I think it's something I want to try. I just don't want to get a supplier and pay them to do everything. I would rather learn how to create a product myself and sell it on amazon. I can make it and send it to the factory myself and I cut out the supplier by being the supplier. I think I would rather do this just because I learn how to make things and can learn how to sell.

    Is this a good idea or should I find a supplier?

    submitted by /u/regular_steez
    [link] [comments]

    Looking for a shipping service to distribute my game in the US and CAN

    Posted: 28 Jan 2018 08:43 AM PST

    As the title says, I am looking for a small company which can pack, and ship my card game to the US and CAN customers. Sending it from here (NL) is too expensive.

    To give you an idea: it costs 24 Euro to send the game from here to North America. I hate it and the customers hate it. For the deal to be acceptable, this needs to drop by at least 50%.

    This means that shipping the initial stock to the US, storage fees (if none, it would be the best) and packing and shipping should take the total cost at around 15 Euro per game. I am happy to pay the expenses besides the US postal service amount, which will be charged to the customer. If I could get that down even more, I would be glad to look into it.

    Do you have any experience with this kind of structures and who would you recommend?

    submitted by /u/HumanCurious
    [link] [comments]

    Why entrepreneurship?

    Posted: 28 Jan 2018 12:26 PM PST

    Hello to all!

    I just want to thank everyone for their great generous posts on this sub and giving tips to other entrepreneurs.

    Now as anyone considering starting any business or already started a new business, do you or did you ask yourself the necessary questions before starting a business?

    By business I mean hiring employees, not being just self-employed.

    Questions such as:

    • Why do you need to start a business?
    • Why do you look to gain from your business?
    • What do you see your business become in 2-5 years or even in next 10-15 years?
    • Do I have what it takes to run a business? (if you say "yes" right away, think deeper and visualize the growth and yourself putting the energy into it)
    • How much of my time will I spend on my business? (if you're in your young and single, the answer would be easier compare to someone older and married)

    Asking more right question and clearing your mind will definitely give you a more direct path to follow. You know your WHYs and your vision.

    If you guys have any questions, feel free to PM me. However, I can only answer question on Sunday as it's my only day I have some time off.

    Thanks.

    Have a great Sunday!

    submitted by /u/alienpet
    [link] [comments]

    Trust me, I am a Nurse!

    Posted: 28 Jan 2018 12:22 PM PST

    Want to start my own thing, have a somewhat "unique" skill set, feel completely lost dont know where to start.

    Posted: 28 Jan 2018 08:26 AM PST

    Hi guys, Ill try keep this brief, but i can feel a bit of a rant coming on.

    Ok, so im a 3rd year marketing student, and I am currently jobless.

    I have a long enough experience with part time jobs: worked in a high end bar/restaurant, an expensive department store and most recently a garden center. I am not trying to make a career out of anything I am looking to start, just simply enough to get enough to help pay for my college fees and living costs (Im from Ireland, its only about €3000 per year, i do feel bad for all you americans and your outrageous fees.)

    In the past some of my jobs have allowed me to gain EXCELLENT customer service skills. I dont just mean that in a way of "oh I like speaking to people" (which I also do) , but I remember in the bar it got to a stage where I had alternate the seating arrangments for "my customers" people who demanded to be served by me, and in the department store there were customers who would request to know my roster so they could come in and be served by me and not deal with anyone else (while dropping big cash). I started reading about selling and building relationships and the psychology behind it and stuff when worked in the bar and it sure seems to of paid off.

    This is where it gets difficult for me. I am a student but truly I am a hugely motivated individual with no intentions of working for anyone when i graduate, an entrepreneur at heart.

    But then i have to face reality, I am not a coder/ i cant make industry standard websites/ i have no hobbies that could enable me to start a business (photography, drawing, arts and crafts etc), Im just me.

    Saying that however, I do have some previous experience in side hustles. Last year when i cut my hours in the bar back in January/February to study for exams i made about €750 on top of my wages by selling razor blades on the side (i know such a strange thing, but college students love a deal). When college returned this September i was able to start providing a small service where students email me their book list and i source all the books for them on sites such as amazon/ebay and provide them at a fraction of the price, but still at a tasty profit to me and my current gig which has just come to an end is the sourcing of gym tops and the advertising of them around gyms in my area and selling those suckers on for €10 profit a go, made €200 in one day before - felt like Mark Cuban or something. But my biggest thing as of late was web design for local businesses. I would take a day off from college and take the phone book and go around ringing 20-30 businesses a day trying to convince them for a meeting. From there if I could sell them on a new site I would outsource it to a team of developers I had working under me. It was enjoyable and good experience and stuff but acting as the middle man is a hard job. As well as that I have been selling Instagram accounts for other marketers and local businesses - a very strange skill that usually gets people talking. It can be lucrative but it takes alot of work to get them all up and running properly etc.

    But you see guys this is my thing I have very little cash to start up a business, and i dont have many sellable skills so i feel as if im at a bit of a loss here. I have enough money to keep me afloat for another month or 2 and then I will have to start looking for a job again.

    With my timetable though in college that could prove to be quiet difficult as we are in for a few hours everyday, making it next to impossible to land part time jobs (everyone wants people with SOME degree of flexibility.)

    However I also feel I could use this to my advantage in some ways as it means that I can literally work from 2-11/12 if I had the right thing to be working on.

    Basically guys im asking does anyone have any words of wisdom for me? Im not asking for ideas of what to do or how to do it but i need someone to be real with me and tell me do i suck it up and go back to working in a bar or is it worth trying to get something going on the side.

    Thanks in advance guys.

    TLDR; I have no job. I have no sell able skills/hobbies, but I can sell like a motherfucker. Where do i even start?

    submitted by /u/Figrole
    [link] [comments]

    Business ideas that utilize Sommelier knowledge

    Posted: 28 Jan 2018 12:10 PM PST

    Hey /r/Entrepreneur,

    My good friend is a Sommelier. We're trying to brainstorm ideas for a business that can utilize his knowledge of wines.

    Something sort of like wine and painting but provides better value.

    Thank you to all who participate!

    submitted by /u/goateeofpeace
    [link] [comments]

    Started my own healthcare recruiting company. Seeking advice on how to grow.

    Posted: 28 Jan 2018 12:10 PM PST

    Hey Reddit! I started my own healthcare recruiting business last fall, & I could use some advice on how to grow it. Long story short, I helped my last boss grow his company from 3 to 17 employees & quadruple revenue in 2 years as the only salesperson. Part of being the only sales person also meant I was our defacto recruiter, as well as wearing every other non-technical hat. I realized I really enjoy recruiting & due to a life change with my wife taking a new job as a traveling therapist, I had the opportunity to start my own company. So I started a healthcare recruiting company where I work remotely.

    I started off working primarily on splits through companies like NCHCR & Relode, but in 2018 I'm working to expand & offer a full recruiting service. Working through splits gave me the opportunity to get a few quick wins to build some runway, but it also takes away my greatest competitive advantage, which is to my ability to connect with people. So here's where I need advice: • Best way you've found to land potential clients to fill jobs for? For clarification, I intend to recruit on contingency. • I love to keep learning, so best books/blogs I should read up on for the recruiting space? • What's the most effective tools/job board you've found? • What am I not focusing on that I should be? What trips up people getting started in this space?

    My goal for 2018 is to replace my old salary so my wife can quit her job & focus on her business in 2019. My long term goal (3 years) is to grow to a staffing/recruiting agency of 5-10 people located somewhere in East Texas, which is where I'm from. We need all the good jobs we can get there, so want to give back by basing my company there.

    Thanks! Happy to answer any additional questions/comments & will do my best to respond to comments below.

    submitted by /u/PYTN
    [link] [comments]

    What are some 'pickaxe & shovel vendor in a gold rush' style businesses that are viable in 2018?

    Posted: 28 Jan 2018 11:59 AM PST

    This is just to piggyback off of the inevitable weekly post about easy to start or little known profitable businesses.

    How have you made money or seen someone make money selling products/services that help others who are rushing to the newest gold vein?

    submitted by /u/DemiseofReality
    [link] [comments]

    Questions about selling shirts on my blog?

    Posted: 28 Jan 2018 11:59 AM PST

    I have WP and signed up to use Woocommerce. I was thinking of using Printful to dropship, but I read mixed reviews that make me hesitant (also I don't like the 3-5 fulfillment wait and not being able to know what's going on for my customers) and it's less profitable.

    I am thinking of starting with 1 shirt design (that I'm almost positive will be popular) and taking pre-orders for a limited time for the first batch to get an idea of quantity and process.

    I almost positive that I will go the pre-order route. If so, what are some tips, advice, and such to help me efficiently organize and manage the fulfillment process myself or anything else that I should be mindful of?

    How do you do it? If you don't mind me asking.

    And shirt designs. Have you done it yourself? If so, on what software or site? Or have you paid a graphic designer to do it? I don't know anything really! I'm learning as I go!

    Also, shipping, what's the best way to handle it since I'll be doing it myself? Also, there are tons of Woocommerce extensions and they all seem useful or necessary, but are they? Which ones should I definitely get?

    Also, not trying to get rich quick either, so it's not one of those t-shirt ventures either! Thanks so much!!

    submitted by /u/WordsMeanThings25
    [link] [comments]

    Sharing my journey on instagram

    Posted: 28 Jan 2018 11:46 AM PST

    Hey guys.

    My name is Gergo, i'm from Romania.

    I have founded a company here, I have a small plan for a startup, a SaaS. I have experience in web development, so I will be doing the MVP, a friend of mine has experience in marketing, he will help me out with that in the beginning.

    I see some programmers sharing things, stories, tips on instagram and the idea of me sharing my startup journey on instagram might be a good idea. For other entrepreneurs, programmers or anybody interested in what I will be doing could be a great resource.

    I was thinking about doing video tutorials or vlogs about it, bit it could take up too much of my time, i'm not sure if its worth it (for me). I don't want to create a blog about this, i think thats a bit boring, that's why I was thinking about instagram and maybe snapchat.

    I can post small videos, pictures and write captions as well.

    What do you guys think about my idea?

    submitted by /u/gergo2007
    [link] [comments]

    No comments:

    Post a Comment